Respiratory diseases are the leading cause of death worldwide, they
accounted for 9.5 million deaths worldwide during 2008. Patient having a
problem in his/her respiratory function and cannot achieve adequate
oxygen levels to maintain life uses respiratory devices to assist them.

Globally, development of efficient and advance technology, growing
prevalence of respiratory diseases such as asthma and COPD, rise in the
awareness among people regarding respiratory diseases, increasing
government initiative across the globe, growing prevalence of tobacco
smoking, rising pollution levels are the prime growth drivers of global
respiratory devices market.

In addition, increase in adoption of respiratory devices in emerging
economies such as China, India and others, will create new opportunities
for global respiratory devices market. However, higher cost of the
research and development, and increasing popularity of low-cost products
from local manufacturers are the key restraints for global respiratory
devices market.

Geographically North America dominated global respiratory devices
market, because of high medical reimbursement facilities, and
technological advancement. Asia Pacific is projected to have fastest
growth, owing to rapidly increasing aging population, rise in consumer
awareness and healthcare expenditure, favourable government policies,
increasing pollution levels and incidences of respiratory diseases
modernization of healthcare infrastructure, and growing medical tourism
industry in developing nations such as China, and India in this region.
Among all the application, hospital segment has the highest market share
in global respiratory devices market due to higher prevalence of
respiratory diseases.